OPEN INTEREST ( OI ) for Amibroker (AFL)

anandnst

over 12 years ago

Amibroker (AFL)

Open Interest u might be getting in all other Softwares like Metastock, ninjatrader, Falcon or spider.
But now while surfing i got it for Amibroker. So i felt to share with u people.

Conditions ::

1 Condition :

Buying Condition – Open Interest Increase + Price Increase
Selling Condition – Open Interest Decrease + Price Decrease

Short covering Condition – open Interest decrease + Price Increase
Fresh short Condition – Open Interest Increase + Price Decrease

Or

2 Condition :

Short = ATP value decreases or idle but Open interest increases
Buy= ATP value increases + Open interest increases

Term ATP = (AVERAGE TRADING PRICE)

(HAVE A GR8 TIME)!

Screenshots

Indicator / Formula

_SECTION_BEGIN("oi");
//Plot( OI, _DEFAULT_NAME(), ParamColor("Color", colorBlueGrey ), ParamStyle( "Style", styleHistogram | styleOwnScale | styleThick, maskHistogram ), 2 );
_SECTION_END();
//written by Thomas Zmuck
//Date: 15-07-02
//thomas.zm@aon.at

pds = 10;
V1 = OI/MA(OI,10); V2 = OI/MA(OI,20);
V3 = OI/MA(OI,50);
x=100*OI/MA(OI,pds);
barcolor = 
IIf( x>Ref(x,-1),5,6);
/* Colourized price bars drawn here */
Plot(100*OI/MA(OI,pds)," oi/ma(10)",barcolor,2+4);

Plot(100," AVG(10)",1,1);

unsure = V1<1 AND V2<1 AND V3<1;
sure = V1>1 AND V2>1 AND V3>1;

Filter = unsure;
AddColumn(100*V/MA(V,10),"V/ma(V,10)",1.0);
AddColumn(100*V/MA(V,20),"V/ma(V,20)",1.0);
AddColumn(100*V/MA(V,50),"V/ma(V,50)",1.0);
AddColumn(ROC(C,1),"%today");

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